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Trump’s $1trn plan may buy less metal than expected

  Bloomberg Anyone expecting more from the Donald Trump rally in metals should probably consider just how much $1 trillion in government spending will actually buy. That’s the amount the new US president pledged to expand and rebuild American infrastructure like roads and airports over the next decade. While Trump has yet to make a formal proposal to Congress, investors ...

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Google coordinates funding of legal brief versus Trump order

  Bloomberg Google parent Alphabet Inc. is organizing the funding of the legal brief signed by more than 120 companies that oppose President Donald Trump’s executive order on immigration, according to people familiar with the arrangement. While Alphabet is coordinating with Washington, D.C.-based law firm Mayer Brown LLP to handle the amicus brief, other companies have offered to fund a ...

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Fitbit faces probe into theft of Jawbone trade secrets

  Bloomberg Jawbone Inc. isn’t backing down in its legal fight with Fitbit Inc., asserting in a court filing that its rival is under investigation by a criminal grand jury for theft of trade secrets. The two pioneers in wearable activity trackers have been embroiled in legal battles since May 2015, when Jawbone accused Fitbit in a lawsuit of plundering ...

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